The key reasons why Knight-Swift Transportation Holdings Inc (KNX) is -14.74% away from 52-week high?

Knight-Swift Transportation Holdings Inc (NYSE: KNX) open the trading on Thursday, with great promise as it jumped 0.89% to $52.00, before settling in for the price of $51.54 at the close. Taking a more long-term approach, KNX posted a 52-week range of $45.73-$60.99.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 7.09%. Meanwhile, its Annual Earning per share during the time was -10.64%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 30.28%. This publicly-traded company’s shares outstanding now amounts to $161.38 million, simultaneously with a float of $156.27 million. The organization now has a market capitalization sitting at $8.40 billion. At the time of writing, stock’s 50-day Moving Average stood at $55.90, while the 200-day Moving Average is $54.68.

Knight-Swift Transportation Holdings Inc (KNX) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Trucking industry. Knight-Swift Transportation Holdings Inc’s current insider ownership accounts for 3.23%, in contrast to 90.33% institutional ownership. According to the most recent insider trade that took place on Feb 29 ’24, this organization’s Exec VP and CAO sold 2,000 shares at the rate of 56.24, making the entire transaction reach 112,490 in total value, affecting insider ownership by 5,118. Preceding that transaction, on Nov 17 ’23, Company’s Exec Vice Pres Sales sold 1,200 for 52.00, making the whole transaction’s value amount to 62,400. This particular insider is now the holder of 5,278 in total.

Knight-Swift Transportation Holdings Inc (KNX) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $0.09 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.44) by -$0.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.5 per share during the current fiscal year.

Knight-Swift Transportation Holdings Inc’s EPS increase for this current 12-month fiscal period is 30.28% and is forecasted to reach 3.80 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 50.80% through the next 5 years, which can be compared against the -10.64% growth it accomplished over the previous five years trading on the market.

Knight-Swift Transportation Holdings Inc (NYSE: KNX) Trading Performance Indicators

Let’s observe the current performance indicators for Knight-Swift Transportation Holdings Inc (KNX). It’s Quick Ratio in the last reported quarter now stands at 0.94. The Stock has managed to achieve an average true range (ATR) of 1.25. Alongside those numbers, its PE Ratio stands at $38.78, and its Beta score is 1.00. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.18. Similarly, its price to free cash flow for trailing twelve months is now 93.24.

In the same vein, KNX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.34, a figure that is expected to reach 0.40 in the next quarter, and analysts are predicting that it will be 3.80 at the market close of one year from today.

Technical Analysis of Knight-Swift Transportation Holdings Inc (KNX)

[Knight-Swift Transportation Holdings Inc, KNX] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 22.82% While, its Average True Range was 1.23.

Raw Stochastic average of Knight-Swift Transportation Holdings Inc (KNX) in the period of the previous 100 days is set at 13.81%, which indicates a major fall in contrast to 20.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 28.52% that was higher than 24.74% volatility it exhibited in the past 100-days period.